🚀 Wrapped Litecoin (cbLTC) Launches on Base—Coinbase’s Latest Power Play
Base just got heavier. Coinbase's cbLTC—a wrapped version of Litecoin—is now live on the layer-2 network, giving traders another shiny toy in their DeFi sandbox.
Why it matters: This isn't just another token bridge. It's a strategic chess move by Coinbase to dominate liquidity flows across chains—while traditional finance still struggles with SWIFT transfers.
The cynical take: Wall Street spends millions 'researching' crypto adoption. Meanwhile, Coinbase just deployed a working asset bridge during their coffee break.
What's next? Watch for cbLTC pairs to eat into centralized exchange volume—another step toward making intermediaries obsolete. The revolution won't be custodial.